Intellicheck Mobilisa (NASDAQ:IDN) Upgraded to Buy at Wall Street Zen

Intellicheck Mobilisa (NASDAQ:IDN) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other equities analysts have also recently issued reports on the company. DA Davidson restated a “neutral” rating and set a $7.50 price target on shares of Intellicheck Mobilisa in a report on Friday. Zacks Research lowered shares of Intellicheck Mobilisa from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Intellicheck Mobilisa in a research report on Monday, December 29th. Finally, HC Wainwright reissued a “buy” rating and set a $8.50 target price (up from $6.00) on shares of Intellicheck Mobilisa in a research note on Tuesday, December 16th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $7.25.

Intellicheck Mobilisa Stock Up 15.0%

Shares of NASDAQ IDN opened at $5.52 on Friday. Intellicheck Mobilisa has a twelve month low of $2.17 and a twelve month high of $7.48. The firm has a fifty day simple moving average of $5.26 and a 200 day simple moving average of $5.53. The company has a market capitalization of $111.50 million, a PE ratio of 92.02 and a beta of 1.16.

Institutional Investors Weigh In On Intellicheck Mobilisa

A number of hedge funds have recently added to or reduced their stakes in IDN. OMERS ADMINISTRATION Corp acquired a new position in shares of Intellicheck Mobilisa during the second quarter worth approximately $54,000. Occudo Quantitative Strategies LP acquired a new position in Intellicheck Mobilisa during the second quarter worth $65,000. Jump Financial LLC acquired a new position in Intellicheck Mobilisa during the second quarter worth $66,000. PFG Investments LLC bought a new position in shares of Intellicheck Mobilisa in the fourth quarter valued at $70,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of Intellicheck Mobilisa by 21,267.7% in the second quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock valued at $75,000 after buying an additional 13,824 shares in the last quarter. Institutional investors and hedge funds own 42.79% of the company’s stock.

About Intellicheck Mobilisa

Intellicheck Mobilisa, Inc is a provider of mobile identity verification and authentication solutions designed to help organizations verify credentials and combat fraud. The company’s technology leverages optical character recognition, machine learning, and biometric facial recognition to validate government‐issued IDs, passports, and other identity documents in real time. These solutions are deployed via on‐premises hardware or cloud‐based platforms, enabling clients to integrate identity checks directly into digital workflows and point‐of‐sale systems.

The firm’s flagship offerings include mobile credential scanning applications and software development kits (SDKs) that support Know Your Customer (KYC), Anti–Money Laundering (AML), age verification, and regulatory compliance across multiple industries.